Membership

HOW TO BECOME A MEMBER

There are basically two type of membership,
Ordinary membership

The person can become member in the category of,
1.Brokers panel
2.Ready dealers panel
3.Crushers panel
4.Exporters panel

Membership Under Brokers Panel                                                              TOP

For individual membership
1. Application must mention the description of the immovable property and also furnish the documentary evidence of the property.
2. Copy of last year's Profit and Loss account and Balance Sheet or IT Permanent Account Number (PAN).

Membership by corporate/partnership firm
1. Last copy of the Partnership deed certified by notary
2. Copy of registration certificate of Registrar of Firms
3. Accounts of partnership firm along with I.T.Return and Profit and loss account ,Balance sheet.
4. Address of partners and their wealth
5. If company want to become a member then Articles of Association and Copy of resolution for becoming member and Resolution for authorized representative and copy of income and expenditure of last three years and balance sheet.

Membership Under Ready Dealers Panel                                                   TOP
All formalities of the Brokers panel should be fulfilled and other formalities are :
1. sales tax registration certificate must be require in his name.
2. If partnership firm wants to become member in this panel then registration certificate in the name of partnership firm.
If company/miller wants to become member then certificate in the name of factory.

Membership Under Crushers Panel                                                             TOP
In order to become member application should be made in the name of oil and caster miller factory Copy of three years Profit and loss account and balance sheet and three years income tax returns

Membership Under Exporters Panel                                                            TOP
Oil, castor and kohl exporter can become member of such panel for that Exporters code number and other document relating to export and details of last three years export.
Other formalities of broker's panel should be fulfilled.

Membership Fees:                                                                                     TOP

For Ordinary Members :
Minimum deposit		: Rs. 50,000/-
Admission Fee		: Rs. 2,50,000/-
Annual Subscription		: Rs. 1,500/-

Trade Guarantee Fund :             Rs 20,000/-